Canaccord Genuity Maintains a 'Hold' on Diamond Offshore (DO); In-line Q2, Downtime Reduces Outlook
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Price: $13.99 --0%
Rating Summary:
8 Buy, 17 Hold, 14 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
8 Buy, 17 Hold, 14 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Hold' on Diamond Offshore (NYSE: DO), price target lowered from $88 to $83.
Canaccord analyst, Scott Burk, said, "Q2 results were essentially in line with expectations. Increased downtime for surveys and maintenance reduces 2012E EPS by 8% and our target price by $5/share."
For more ratings news on Diamond Offshore click here and for the rating history of Diamond Offshore click here.
Shares of Diamond Offshore closed at $70.21 yesterday.
Canaccord analyst, Scott Burk, said, "Q2 results were essentially in line with expectations. Increased downtime for surveys and maintenance reduces 2012E EPS by 8% and our target price by $5/share."
For more ratings news on Diamond Offshore click here and for the rating history of Diamond Offshore click here.
Shares of Diamond Offshore closed at $70.21 yesterday.
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